If 2020 was the year Bitcoin and Ethereum were adopted by the mainstream, Bloomberg’s Mike McGlone predicts 2021 will be the year they found a home in traditional investment portfolios. Indeed, the sentiments of family offices towards crypto have changed.Many HNWI, investing via family offices / other investments trusts and funds, are open to some form of … [Read more...] about [SPONSORED] Crypto Lending as the Alternative Investment for HNWI
Alternative
BofA Says Avalanche’s Scaling Capability Offers Viable Alternative to Ethereum
Smart-contract platform Avalanche’s ability to scale while remaining secure and decentralized makes it a credible alternative to Ethereum for DeFi projects, NFTs, gaming and other assets, Bank of America said in a research report.Avalanche’s subnet feature is increasing adoption, the bank said, with more than 380 projects built on the platform.“Subnets enable faster time-to … [Read more...] about BofA Says Avalanche’s Scaling Capability Offers Viable Alternative to Ethereum
Ampleforth integrates with Avalanche to introduce stablecoin alternative
Fragments Inc., the team responsible for developing the Ampleforth protocol, has announced that Ampleforth will be integrated into popular blockchain Avalanche to facilitate the introduction of AMPL, a fully decentralized unit-of-account that can be used to denominate stable contracts.The Ampleforth protocol holds promise as a decentralized alternative to stablecoins that can … [Read more...] about Ampleforth integrates with Avalanche to introduce stablecoin alternative
Chinese regulator says Bitcoin is an ‘alternative investment’
Li Bo, a deputy governor of People’s Bank of China (PBoC), the country’s central bank, said over the weekend that Bitcoin and stablecoins are ‘alternative investments’ in the eyes of the law.Breaking: Li Bo, deputy governor of the Central Bank of China, said that crypto assets such as Bitcoin should be used as investment tools or alternative investments. This is the first time … [Read more...] about Chinese regulator says Bitcoin is an ‘alternative investment’